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Fair Value Measurements And Fair Values Of Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2023
Fair Value Measurements And Fair Values Of Financial Instruments [Abstract]  
Schedule Of Fair Value, Assets And Liabilities Measured On Recurring Basis

(Dollars in thousands)

Fair Value at June 30, 2023

Asset Description

Level 1

Level 2

Level 3

Total

Equity securities, at fair value

$

380

$

—

$

—

$

380

Available for sale:

U.S. Treasury

72,692

—

—

72,692

Municipal

—

136,356

—

136,356

Corporate

—

22,830

—

22,830

Agency mortgage & asset-backed

—

139,885

—

139,885

Non-Agency mortgage & asset-backed

—

67,708

—

67,708

Total assets

$

73,072

$

366,779

$

—

$

439,851

(Dollars in thousands)

Fair Value at December 31, 2022

Asset Description

Level 1

Level 2

Level 3

Total

Equity securities, at fair value

$

411

$

—

$

—

$

411

Available for sale:

U.S. Treasury

90,257

—

—

90,257

Municipal

—

155,455

—

155,455

Corporate

—

24,239

—

24,239

Agency mortgage and asset-backed

—

150,935

—

150,935

Non-Agency mortgage and asset-backed

—

65,950

—

65,950

Total assets

$

90,668

$

396,579

$

—

$

487,247

Fair Value, By Balance Sheet Grouping

June 30, 2023

Carrying

Fair

(Dollars in thousands)

Amount

Value

Level 1

Level 2

Level 3

Financial assets, carried at cost:

Cash and cash equivalents

$

64,832

$

64,832

$

64,832

$

—

$

—

Long-term interest-bearing deposits in other banks

8,978

8,978

8,978

—

—

Loans held for sale

126

126

—

126

—

Net loans

1,130,547

1,081,607

—

—

1,081,607

Accrued interest receivable

6,147

6,147

—

—

6,147

Financial liabilities:

Deposits

$

1,513,135

$

1,511,696

$

—

$

1,511,696

$

—

Short-term borrowings

70,000

70,000

—

70,000

—

Subordinate notes

19,643

18,132

—

18,132

—

Accrued interest payable

1,441

1,441

—

1,441

—

December 31, 2022

Carrying

Fair

(Dollars in thousands)

Amount

Value

Level 1

Level 2

Level 3

Financial assets, carried at cost:

Cash and cash equivalents

$

64,899

$

64,899

$

64,899

$

—

$

—

Long-term interest-bearing deposits in other banks

13,975

13,975

13,975

—

—

Loans held for sale

283

287

—

287

—

Net loans

1,036,866

986,141

—

—

986,141

Accrued interest receivable

6,354

6,354

—

—

6,354

Financial liabilities:

Deposits

$

1,551,448

$

1,550,030

$

—

$

1,550,030

$

—

Subordinate notes

19,623

17,876

—

17,876

—

Accrued interest payable

192

192

—

192

—